However, these approaches differ in their conceptualizations and, despite their popularity, the empirical evidence on the performance relevance of such approaches for established organizations is limited
We, therefore, investigate the relationship between family involvement and two different outcomes: the number of the firm’s inventions and the market relevance of innovations
Entrepreneurship and New Product Development: Exploring the “Advantage of Youth” and “Business Acumen” Views Luca Grilli kHUB post date: December 23, 2022 Originally published: April 23, 2022 (PDMA JPIM • Vol 39 • Issue 5 • September 2022) Read time: 30 minutes Access the Full Article We explore the relevance of two different views on new product development (NPD) drivers, defined as “advantage of youth” and “business acumen.”
These technologies have enabled entrepreneurial start-ups as well as elevated the prominence of innovative marketing practices as a source of competitive advantage. Despite their relevance for innovations in marketing strategy formulation and execution, research on DT-enabled marketing innovation is limited and fragmented
Investigating the Relevance of a Neglected Dimension of Product Innovativeness
monitoring, making, enhancing, and replicating) and illustrate their relevance for innovation management
The model details three chief stages: (1) problem search frame, combining leadership’s vision and innovators’ knowledge; (2) generating abductive hypotheses from often-surprising observations and their synthesis into insights; and (3) evaluating abductive hypotheses, against the novel quality criteria of plausibility and relevance. Among cognitive impediments we show how the downsides of mental model, limited cognitive load and exemplifying heuristics and cognitive biases, such as confirmation bias, can hinder each stage
The findings underline the relevance of strategic support for ROR's effectiveness in innovation portfolio management
In addition, scant research has clarified the boundary conditions that can magnify or weaken the efficacy of this CF signal. Given the relevance of reward-based CF for supporting innovation, understanding when the CF campaign performance works as an effective signal is of great interest, especially in business settings characterized by high product quality uncertainty
As the context is dramatically shifting again, we wonder whether Design Thinking will keep its relevance and ability to support organizations in addressing the new challenges ahead?